Reed South

FOR LEASE 900-6,163 SF AVAILABLE

REED SOUTH Rare Opportunity on Bend’s East Side 21175 Reed Market Rd, Bend, OR 97703

March 31, 2021 Page 1 of 1

JOIN CASCADE LAKES BREWERY IN THIS EXCITING LOCATION

BUILDING B

Russell Huntamer, CCIM | Bruce Churchill, Principal Broker Eli Harrison, Broker 600 SW Columbia St., Ste. 6100 | Bend, OR 97702

541.383.2444 | www.CompassCommercial.com

CASCADE LAKES BREWERY

FOR LEASE REED SOUTH — Rare Opportunity on Bend’s East Side PROPERTY DETAILS No. of Bldgs.:

5

Lot Size:

3.4 Acres

Zoning:

Commercial Convenience (CC)

Parking:

131 Spaces with a 4.33/1,000 Ratio

NNNs:

Est. at $0.65/SF/Mo.

1,658 - 3,486 SF $2.75/SF/Mo. NNN

BUILDING B 1st Floor Inline:

Road and 8,680 AADT on 27th Street

Located near the future mixed-use development,

Stevens Ranch, planned to have 1,710 residential units, over 1.5M SF of commercial/industrial and home to the area’s new 100,000 SF Central Library Road and 27th Street

Unique opportunity to locate in an underserved

market

Second floor office suite has a $40 tenant

900-4,248 SF $2.75/SF/Mo. NNN

1st Floor End Caps: 2,132-2,175 SF $3.00/SF/Mo. NNN 2nd Floor Office:

Traffic counts exceeding 9,100 AADT on Reed Market

Excellent exposure on the SW Corner of Reed Market

BUILDING A 1st Floor Inline:

HIGHLIGHTS

1,915 SF $2.50/SF/Mo. NNN

(Can be combined with 1st floor for up to 6,163 SF total)

improvement allowance

Anchored by Cascade Lakes Brewery and Reed

Crossing Market and Gas Station

Class A architecture and construction First floor spaces ideal for restaurants, retail, service

retail, medical or office

BUILDING A

21175 Reed Market Rd, Bend, OR 97703

SITE PLAN

BUILDING B

158'-10" 43'-2"

4'-6 1/2"

43'-2"

11'-8"

10'-8"

11'-8"

4'-7"

7'-1"

8'-0"

10'-0"

8'-0 1/2"

5'-7"

18'-8"

5'-7"

9'-6 1/2"

14'-11" 24'-10"

24'-10"

6A 6B

19'-10"

FIRE RISER 85.7 SF

4'-0"

6C

6'-0"

SEE

6F

9'-11"

11'-11"

19'-4"

11'-11"

CAN BE COMBINED FOR 6,163 SF

2'-0"

16'-0"

44'-4 1/2"

1ST FLOOR RETAIL/RESTAURANT/OFFICE 2,132 SF

BAGEL & COFFEE CO

6'-6"

6'-2 1/2" 2'-0"

15'-6 1/2"

12'-3 1/2" 2'-0"

2'-6"

11'-3" 3'-9 1/2"

54'-0 1/2"

8'-6"

50'-0 1/2"

48'-1 1/2"

1ST FLOOR: RETAIL/RESTAURANT/OFFICE 900-2,073 SF

14'-11"

34'-2 1/2"

9'-10"

UP

1ST FLOOR RETAIL/RESTAURANT/OFFICE 2,175 SF

5'-8"

2'-8"

2'-8"

2'-8"

8'-6"

11'-9"

10'-8" 11'-8"

9'-10"

2'-8" 11'-7"

22'-5"

8'-4"

10'-0"

10'-8" 10'-7" 7'-10"

11'-8"

16'-0"

2'-8"

4'-0" 9'-11"

9'-10"

2'-8"

2'-8" 2'-8"

1'-11" 13'-8" 21'-4"

48'-1 1/2"

10'-0"

29'-10"

9'-11"

13'-1" 4'-0"

54'-0 1/2"

2ND FLOOR OFFICE 1,915 SF

7'-1 1/2"

26'-0 1/2"

24'-10"

11'-8"

35'-8"

STRUCTURAL

11'-8"

1'-11"

9'-11"

24'-2 1/2"

FOR LEASE

21175 Reed Market Rd, Bend, OR 97703 1 Mile

3 Miles

5 Miles

2024 POPULATION

7,245

54,593

110,149

2024 DAYTIME POPULATION

4,419

66,097

119,811

2029 POPULATION

7,695

58,877

118,445

2010-2020 GROWTH RATE

1.86%

2.36%

2.47%

2023-2028 GROWTH RATE

1.21%

1.52%

1.46%

2024 MEDIAN AGE

42.8

38.7

40.4

2024 TOTAL HOUSEHOLDS

2,857

23,112

45,556

2024 AVG. HOUSEHOLD INCOME

$120,754

$106,001

$134,238

2024 MED. HOME VALUE

$661,772

$636,868

$698,510

2024 TOTAL HOUSING UNITS

2,902

24,436

48,836

2024 OWNER OCCUPIED UNITS

2,271

13,092

28,673

2024 RENTER OCCUPIED UNITS

586

10,020

16,883

2024 VACANT HOUSING UNITS

45

1,324

3,280

2024 TOTAL BUSINESSES

106

4,017

6,602

2024 TOTAL EMPLOYEES

340

37,033

57,266

2024 UNEMPLOYMENT RATE

2.1%

2.7%

3.1%

LABOR

HOUSING

POPULATION

DEMOGRAPHICS

Source: ©2020 Esri

©2021 Esri

Brokers are licensed in the state of Oregon. This information has been furnished from sources we deem reliable, but for which we assume no liability. This is an exclusive listing. The information contained herein is given in confidence with the understanding that all negotiations pertaining to this property be handled through Compass Commercial Real Estate Services. All measurements are approximate.

Russell Huntamer, CCIM

Bruce Churchill

Eli Harrison

rh@compasscommercial.com

bchurchill@compasscommercial.com

eharrison@compasscommercial.com

Partner, Principal Broker Cell 541.419.2634

Principal Broker Cell 541.280.7560

Broker Cell 541.977.2890